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U.S. markets news

Speaking in RI, Yellen says rate hike likely this year
Federal Reserve chairwoman Janet Yellen said Friday that she expects the central bank to begin raising interest rates later this year as the economy continues to improve over the coming months.
Fed chair Yellen in favor of a 2015 rate hike if US economy improves  Moneycontrol.com
Dollar gains led by fresh rate expectations  Financial Times
THE BUSINESS TIMES  
Charter Communications Falls on Buyout Chatter, Frontier Communications ...
NEW YORK (TheStreet) -- Charter Communications (CHTR - Get Report) fell Friday on chatter that it may face a rival in a buyout deal for Time Warner Cable (TWC - Get Report).
Time Warner Cable Said in Sale Talks With Altice, Charter  Bloomberg
Stocks end weaker; Altice or Charter may buy Time Warner; Microsoft tried to ...  cleveland.com
China's richest man bet his company's shares would fall
Turns out China's richest man upped his bet that shares of his solar company would take a tumble -- just five days before a massive crash.
Hanergy: Bulk of Stock Collapse Occurred in Less Than a Second  Wall Street Journal
Li Hejun, a solar billionaire feels the heat  Financial Times
UPDATE 2-Safety measures ordered for failed oil pipeline in California
(Adds details about corrective action order and spill, latest estimated range of spill size, comments from company on safety record).
Federal Regulators Say Oil Pipeline Owner Will Have To Pass Series Of Tests ...  CBS Local
Paul Allen was key investor in pipeline company behind Calif. spill  The Seattle Times
Microsoft, Salesforce talks fell through on US$70bil pricing
NEW YORK: Microsoft Corp and Salesforce.com Inc held "significant talks" this spring but failed to agree on a price, CNBC reported, citing people familiar with the matter.
Microsoft Drops Bid For Salesforce Following $70 Billion Request  Franchise Herald
Report: Microsoft Made $55 Billion Bid To Acquire Salesforce, But It Wasn ...  CRN
Union dockworkers ratify labor contract for US West Coast ports
LOS ANGELES May 22 Union dockworkers at all 29 U.S. West Coast ports have voted overwhelmingly to ratify a contract agreement reached in February with shipping companies and terminal operators to end months of labor strife that snarled trans-Pacific ...
Final resolution for West Coast port troubles  USA TODAY
West Coast Port Workers Ratify Five-Year Labor Contract  Wall Street Journal
Walmart Pushes for Improved Animal Welfare
Walmart, the nation's largest grocery retailer, said on Friday that it would ask its meat, seafood, poultry, deli and egg suppliers to adopt animal welfare standards that include sufficient space and easy access to food and water.
Walmart asks suppliers to limit antibiotic use in farm animals  OregonLive.com
Why it's huge news that Wal-Mart is pushing stricter animal welfare policy  Washington Post
Consumer prices rose in April for 3rd straight month
From the shale fields to the cooling towers, Trib Total Media covers the energy industry in Western Pennsylvania and beyond. For the latest news and views on gas, coal, electricity and more, check out On the Grid today.
50 bps slash on the cards : Cut in discount rate anticipated owing to low ...  Daily Times
Gold Futures Decline on U.S. Inflation Data, Fed Rate Outlook  Bloomberg
Deere adjusts to low ag sales worldwide
Sales fell 25 percent for the quarter and 26 percent for six months. Operating profit was $639 million for the quarter and $907 million year-to-date, which compared with $1.229 billion and $2.026 billion, respectively, last year.
Deere & CO (DE) Earnings Report: Q2 2015 Conference Call Transcript  TheStreet.com
Target, MasterCard settlement fails to get bank support
A $19 million deal between Target and MasterCard to settle lawsuits stemming from the retailer's massive pre-Christmas 2013 data breach has been scrapped because it failed to get enough support from the affected banks and credit unions.
Target facing bigger data breach payout as banks reject $19M settlement  Rick Kupchella's BringMeTheNews
Target settling security breach but not all shoppers qualify  WPTV.com